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The Chairman Export Sub Committee, Karachi
Chamber of Commerce and Industry (KCCI) Shahab Ahmed Khan has urged the
government to establish an agriculture development authority in the country
to boost up the sector.
In a communication, Shahab said the establishment of an agriculture
development authority would boost up the agri-products exports, which would
consequently
improve
the economy and help in alleviating poverty and unemployment in the country;
and particularly in controlling the rising trade deficit. He said despite
being an agricultural country primarily, our agriculture sector's
contribution in the economy is a mere 21.8 percent as compared to the 24.3
percent and 53.8 percent contributions of the industrial and services
sectors respectively.
Shahab said the agriculture sector in Pakistan is going through severe
problems and challenges including: the shortage of water, energy crisis,
proper resource utilisation, effective quality control, lack of value
addition and economic problems, which needs to be resolved at the earliest
by providing the requisite knowledge to the exporters. He emphasised that
knowledge regarding the introduction of new crops, irrigation system, new
land ownership approach and construction of new dams, should be imparted to
all the concerned people.
Shahab noted that 47 percent exports of Pakistan comprises of only five
major commodities which are rice, cotton yarn, knit wear, cotton fabrics and
bed ware, despite having enough potential in other areas that can play a
major role in improving Pakistan's exports.
Describing the problems of exports in the country, he said the exports are
going through liquidity problems, particularly small and medium size
exports, along with high utility tariffs, frequent power failure, complex
legal procedures etc, which are creating hurdles in the activities regarding
exports. He further said that due to the high costs of productions, the
Pakistani products are being outpaced by their competitors in the
international markets, which is discouraging foreign investments in the
country. |